Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Saudi Arabia - 2022
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Saudi Arabia (FOB) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Saudi Arabia (CIF) - 2022
- Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Saudi Arabia
- Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Saudi Arabia
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Saudi Arabia (FOB) - 2022
The average export price for medium density fibreboard (MDF) of thickness over 9 mm stood at $411 per ton in 2021, jumping by 45% against the previous year. Overall, the export price, however, showed a noticeable curtailment. The growth pace was the most rapid in 2014 an increase of 58% against the previous year. As a result, the export price attained the peak level of $805 per ton. From 2015 to 2021, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Egypt ($509,144 per ton), while the average price for exports to Qatar ($221,521 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+5.9%), while the prices for the other major destinations experienced a decline.
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Saudi Arabia (CIF) - 2022
The average import price for medium density fibreboard (MDF) of thickness over 9 mm stood at $389 per ton in 2021, surging by 30% against the previous year. In general, the import price, however, showed a mild decline. The import price peaked at $428 per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($447,025 per ton), while the price for Brazil ($237,931 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+4.6%), while the prices for the other major suppliers experienced a decline.
Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Saudi Arabia
Exports of medium density fibreboard (MDF) of thickness over 9 mm from Saudi Arabia contracted remarkably to 288 tons in 2022, with a decrease of -92.3% compared with 2021. Over the period under review, exports showed a precipitous decrease. The growth pace was the most rapid in 2021 with an increase of 149% against the previous year. As a result, the exports attained the peak of 3.7K tons, and then plummeted in the following year.
In value terms, exports of medium density fibreboard (MDF) of thickness over 9 mm reduced rapidly to $232K in 2022. In general, exports faced a dramatic slump. The growth pace was the most rapid in 2021 when exports increased by 261%. As a result, the exports attained the peak of $1.5M, and then fell significantly in the following year.
Export of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Saudi Arabia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Bahrain | 7.2 | 61.8 | 894 | 1014.3% | |
Kuwait | 26.6 | N/A | 246 | 204.1% | |
Egypt | N/A | 87.6 | 123 | 40.4% | |
United Arab Emirates | 6.9 | 23.9 | 80.7 | 242.0% | |
Qatar | N/A | N/A | 63.8 | 0% | |
Oman | N/A | 254 | N/A | 0% | |
Others | 676 | N/A | 132 | -55.8% | |
Total | 717 | 427 | 1,540 | 46.6% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness over 9 Mm from Saudi Arabia in 2022:
- Bahrain (3.1 tons)
- Kuwait (0.7 tons)
- Qatar (0.3 tons)
- United Arab Emirates (0.3 tons)
- Egypt (0.2 tons)
Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Saudi Arabia
In 2021, after two years of growth, there was decline in purchases abroad of medium density fibreboard (MDF) of thickness over 9 mm, when their volume decreased by -2.7% to 534K tons. Over the period under review, imports continue to indicate a slight shrinkage. The growth pace was the most rapid in 2020 with an increase of 0.4%. As a result, imports attained the peak of 549K tons, and then contracted slightly in the following year.
In value terms, imports of medium density fibreboard (MDF) of thickness over 9 mm surged to $208M in 2021. The total import value increased at an average annual rate of +10.8% from 2019 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Saudi Arabia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Thailand | 108 | 116 | 144 | 15.5% | |
China | 27.6 | 20.4 | 43.2 | 25.1% | |
Italy | 2.0 | 3.1 | 5.2 | 61.2% | |
Indonesia | 6.3 | 4.5 | 1.7 | -48.1% | |
Brazil | 2.0 | 4.6 | 0.4 | -55.3% | |
Others | 23.6 | 15.6 | 13.3 | -24.9% | |
Total | 169 | 165 | 208 | 10.9% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness over 9 Mm to Saudi Arabia in 2022:
- Thailand (0.5K tons)
- China (0.2K tons)
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